Expand Energy Corporation(EXE)

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EXEL Industries: Q3 2024-2025 revenue down 10.9%
Globenewswire· 2025-07-23 06:03
Core Viewpoint - EXEL Industries Group reported a revenue decline of 10.9% in Q3 2024-2025, primarily due to lower volumes in Agricultural Spraying and foreign exchange impacts from the depreciation of the dollar [3][10]. Revenue Breakdown - **Agricultural Spraying**: Revenue decreased by €36.7 million (-24.2%) in Q3 compared to the previous year, with significant declines in Australia, North America, and France, while Northern and Central Europe showed slight growth [2][4]. - **Sugar Beet Harvesting**: Sales fell by €3.3 million (-8.5%), with new machine sales slightly increasing but not compensating for the decline in used machines [2][5]. - **Leisure**: Revenue increased by €3.9 million (+7.3%), driven by favorable weather conditions, particularly in the United Kingdom [2][6]. - **Industry**: Sales grew by €1.7 million (+2.3%), supported by strong performance in Systems projects and traditional paint application ranges, with varied geographical performance [2][7]. Nine-Month Sales Overview - **Agricultural Spraying**: Total sales for the nine-month period were €310.0 million, down €90.1 million (-22.5%) [2]. - **Sugar Beet Harvesting**: Nine-month sales were €80.2 million, a decrease of €3.2 million (-3.8%) [2]. - **Leisure**: Revenue reached €118.1 million, an increase of €5.7 million (+5.1%) [2]. - **Industry**: Sales totaled €217.3 million, up €3.8 million (+1.8%) [2]. - **Overall Group Revenue**: The total revenue for the nine-month period was €725.5 million, down €83.8 million (-10.4%) [2]. Management Commentary - The CEO noted that the revenue results were in line with expectations, and the company is adapting its cost structure to address the decline in agricultural volumes while maintaining vigilance on tariff policies in North America [10][11]. - The order book has begun to stabilize after two years of decline, indicating potential recovery [11]. Future Outlook - The company anticipates stable sales in Western Europe and growth in North America, contingent on favorable tariff policies [12]. - The modernization of the Stains plant in France is ongoing and expected to be operational by autumn 2025 [12].
Expand Energy (EXE) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-07-22 15:07
Core Viewpoint - Expand Energy (EXE) is expected to report a significant year-over-year increase in earnings and revenues for the quarter ended June 2025, with the consensus outlook being crucial for assessing the company's earnings picture [1][3]. Earnings Expectations - The consensus estimate for quarterly earnings is $1.31 per share, reflecting a year-over-year change of +13000% [3]. - Revenues are anticipated to reach $2.15 billion, which is an increase of 468.8% compared to the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 10.19%, indicating a reassessment by analysts regarding the company's earnings prospects [4]. - The Most Accurate Estimate for Expand Energy is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.28%, suggesting a bearish outlook from analysts [11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the deviation of actual earnings from the consensus estimate, with positive readings being more reliable [8][9]. - A combination of a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 significantly increases the likelihood of an earnings beat [9]. Historical Performance - In the last reported quarter, Expand Energy exceeded the expected earnings of $1.85 per share by delivering $2.02, resulting in a surprise of +9.19% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - Despite the potential for an earnings beat, Expand Energy does not currently appear to be a compelling candidate for such an outcome, and investors should consider other factors before making investment decisions [16].
Can Expand Energy (EXE) Keep the Earnings Surprise Streak Alive?
ZACKS· 2025-07-17 17:11
Core Viewpoint - Expand Energy (EXE) is positioned to potentially continue its earnings-beat streak, supported by a history of surpassing earnings estimates and a positive Earnings ESP [1][5]. Earnings Performance - For the most recent quarter, Expand Energy reported earnings of $1.85 per share, missing the expected $2.02 per share by 9.19%. In the previous quarter, it exceeded expectations by reporting $0.55 per share against a consensus estimate of $0.53 per share, resulting in a surprise of 3.77% [2]. Earnings Estimates and Predictions - Estimates for Expand Energy have been trending higher due to its earnings surprise history. The stock currently has a positive Earnings ESP of +0.43%, indicating bullish sentiment among analysts regarding its earnings prospects [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [6][8]. Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions. This metric is crucial for predicting earnings performance ahead of quarterly releases [7][10].
Expand Energy Provides 2025 Second Quarter Earnings Conference Call Information
Globenewswire· 2025-07-16 20:05
OKLAHOMA CITY, July 16, 2025 (GLOBE NEWSWIRE) -- Expand Energy Corporation (NASDAQ: EXE) announced today that it will release its 2025 second quarter operational and financial results after market close on July 29, 2025. A conference call to discuss the results has been scheduled for July 30, 2025 at 9:00 a.m. EDT. Participants can view the live webcast here. Participants who would like to ask a question, can register here, and will receive the dial-in info and a unique PIN to join the call. Links to the co ...
Expand Energy: Balance Sheet And Cash Policy Set The Stage For EPS Upside
Seeking Alpha· 2025-07-16 07:54
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or ...
Extendicare Announces July 2025 Dividend of C$0.042 per Share
Globenewswire· 2025-07-15 12:00
Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Network brands. We are committed to delivering quality care to meet the needs of a growing seniors' population, inspired by our mission to provide people with the care they need, wherever they call home. We operate a network of 99 long-term care homes (59 owned, 40 under management contracts), deliver approximately 11.2 million hours of home healt ...
What's Fueling Natural Gas Right Now? 3 Stocks to Follow
ZACKS· 2025-07-08 12:46
Industry Overview - The U.S. Energy Information Administration (EIA) reported a natural gas storage build of 55 billion cubic feet (Bcf) for the week ending June 27, bringing total inventories to 2,953 Bcf, which is above expert expectations and continues an 11-week trend of larger-than-average additions [1][8] - Current storage levels are 6.2% above the five-year average but nearly 6% below last year's levels, indicating potential for supply tightening if cooling demand remains strong [6] Demand Dynamics - Total natural gas usage, including LNG exports, is projected to exceed 106 Bcf per day, up from 103.7 Bcf per day the previous week, driven by hot weather and increased demand for cooling [4] - LNG exports are gradually recovering, averaging 15.4 Bcf per day in early July, despite some minor roadblocks due to softer global prices [4] Price Movements - Natural gas prices have been volatile, with U.S. natural gas futures for August delivery dropping 2.26% to $3.44 per million British thermal units (MMBtu) following the EIA's storage report, reflecting concerns over excess supply [5] - Spot prices recently reached a three-year high for June, averaging $3.02/MMBtu, indicating traders are closely monitoring weather patterns for potential demand increases [5] Investment Opportunities - Companies such as Expand Energy (EXE), Coterra Energy (CTRA), and Antero Resources (AR) are highlighted as potential investment opportunities due to their strong fundamentals and positioning in the natural gas market [3][8] - Expand Energy has become the largest natural gas producer in the U.S. and is well-positioned to benefit from increasing demand, with a projected 461.7% year-over-year surge in 2025 earnings per share [9][10] - Coterra Energy, with a significant share of natural gas in its production, has an expected earnings growth rate of 29.1% over the next three to five years, outperforming the industry average [11][12] - Antero Resources, a leading natural gas producer, has a strong production outlook with a projected 1,457.1% year-over-year growth in 2025 earnings per share [13][14]
EXEL Industries: Total number of voting rights and shares at 06.30.2025
Globenewswire· 2025-07-03 16:50
Group 1 - EXEL Industries is a French Société Anonyme with a share capital of €16,969,750 [1] - The registered office is located at 54, rue Marcel Paul, 51206 Epernay Cedex, France [1] - The company is registered under the Reims Companies Register (RCS) with the number 095 550 356 [1] Group 2 - As of June 30, 2025, the total number of shares is 6,787,900 [2] - The theoretical voting rights amount to 9,891,571 [2] - The exercisable voting rights, after deduction of shares without voting rights, are 9,887,244 [2]
Extendicare Acquires Closing the Gap Healthcare Group
Globenewswire· 2025-07-02 12:07
Core Viewpoint - Extendicare Inc. has successfully acquired Closing the Gap Healthcare Group Inc. for $75.5 million, enhancing its home healthcare services and capabilities in rehabilitation [1][2][3] Group 1: Acquisition Details - The acquisition of Closing the Gap was completed on July 1, 2025, on a debt-free, cash-free basis, with an initial cash consideration of $75.5 million, subject to adjustments [2] - An additional earnout of $3.5 to $5.5 million is anticipated based on new business revenue generated in the twelve months following the acquisition [2] - The purchase price was funded through cash on hand and existing senior secured credit facilities [2] Group 2: Financial Strategy - Extendicare announced a $100 million increase to its Senior Secured Credit Facility, raising the total to $375 million, which includes $55 million in a delayed draw term loan and $45 million in a revolving credit facility [3] - The company plans to utilize the additional $55 million in the third quarter for strategic acquisitions and organic growth [4] Group 3: Company Overview - Extendicare is a leading provider of care and services for seniors in Canada, operating 99 long-term care homes and delivering approximately 11.2 million hours of home health care services annually [6] - The company employs around 27,500 qualified team members dedicated to providing high-quality care [6]
Extendicare Announces Renewal of Normal Course Issuer Bid
Globenewswire· 2025-06-26 21:59
Core Viewpoint - Extendicare Inc. has received approval from the Toronto Stock Exchange for the renewal of its normal course issuer bid, allowing the company to repurchase up to 7,281,193 common shares, which is 10% of its public float [1][4] Group 1: NCIB Details - The NCIB will commence on July 2, 2025, and will continue until July 1, 2026, or until the bid is completed [2] - Daily purchases under the NCIB will be limited to 44,803 common shares based on the average daily trading volume of 179,213 shares over the last six months [2] - All common shares purchased under the NCIB will be cancelled [3] Group 2: Rationale and Strategy - The board of directors believes that purchasing common shares may be an attractive use of corporate funds based on market conditions and share price [4] - The company has not purchased any shares under its previous NCIB, which allowed for the purchase of up to 7,159,997 common shares [5] Group 3: Automatic Purchase Plan - Extendicare has established an automatic purchase plan with its designated broker to facilitate share purchases during regulatory black-out periods [6] Group 4: Company Overview - Extendicare is a leading provider of care and services for seniors in Canada, operating 99 long-term care homes and delivering approximately 11.2 million hours of home health care services annually [7] - The company employs around 26,500 qualified team members dedicated to providing high-quality care [7]